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On 4/18/2003 10:51:38 PM AAObserver wrote:
Give me a break. Enron and WorldCom execs hid billions of dollars to make their companies appear profitable. AA's legal (and generally accepted) retention bonuses have absolutely nothing in common with what happened at these two companies. If you think there is a correlation, you must not be very smart -- at all.
And I saw the Lou Dobbs piece you are talking about; it was nowhere near as dramatic as you are making it out to be.
Carty ought to just declare ch. 11 Sunday night, and let the unions fend for themselves against a bankruptcy judge. The bankruptcy judge wouldn't be nearly as kind as AA is currently being; the creditors would replace the current contracts with what makes business sense in today's economy, and you can bet it would be less than the proposed concessions.
You can bet the general public would have no sympathy either since the majority of them work in companies where hard work and the economy, not whining and seniority, dictate how much they are paid.
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Better reread what I wrote buddy, I never drew any correlation between Enron, Worldcom and AA. Stop putting words in my mouth.
As far as Moneyline's piece on the execs at AA. You need to take a good re-look at Mr. Dobb's face. He was incensed, and rightfully so, as his manner and words attest to.
You apparently have no sense of this industry. You expect this industry employs large numbers of 'stepford' stews who need to fall in line and 'get with the program.' Your program. Easy to say for a likely pencil pusher like you.
It is true that the industry must change, and labor must change with it. The reality, however, is that airline personel are a little more sophisticated than your average production line, single tasking cannery row automaton (no offense intended). For years the industry has been careful in hiring flight attendants who are bright, well educated, and worldly. If you expect a group of well intentioned (in this case) flight attendants to roll over while management gets caught with its hand in the cookie jar..then just get a clue of what unionism is about.
You have made it clear that you don't care about equity, justice and fair play. You would have the 'little people' of the world bend over and take it without a protest. The fact that unionism still has a relevant role to play (as evidenced in the airline industry) and in the process may in some ways have to remind commercial interests of its moral obligations to its workers (and other stakeholders, and even society in general) is of no account whatever to you. Uncontrolled Laissez Faire is the way you'd have it it seems.
Now...[deleted by moderator].